# Japan's weaker yen a blessing to some, burden for others | AP News

> The yen has weakened to 20-year lows near 130 per dollar as oil and other goods prices surge partly due to the Ukraine war. The currency's decline is mainly driven by ultra-low Japanese rates diverging from rising US rates.

- Date: 2022-05-25 · published 2022-05-25T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/41624-japan-s-weaker-yen-a-blessing-to-some-burden-for-others-ap-news
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weak yen raises Japan's import costs for feed grains and energy, squeezing livestock margins and supporting dollar-priced commodity import demand.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- apnews.com: https://apnews.com/article/travel-japan-japanese-yen-46cdf6ecc41177ff78539ce40843c599

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.